business

Filthy lucre: Paper money shunned for fear of virus spread

21 Comments
By KEN SWEET

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21 Comments
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Buys, not guys...edit button, please.

0 ( +0 / -0 )

Also, I wouldn't mind single-payer for all things everybody guys - basic food, education, housing, and medical. We have education as socialized, even in the US - hardly a communist dystopia. Medical is covered in all but one first world country. Why not the other 2? Just have cards for each instead of using money. Can still buy over and above (non-basic food, 5 bedroom house [prorated from the allotted 3 bedroom on housing card, for example]).

0 ( +0 / -0 )

Joe blow:

UBI and cashless societies are not a bad idea. Hardly communist. Many countries are cashless already, bit I guess using a credit card is dystopian. UBI would replace a myriad of different welfare programmes and get rid of much bureaucracy - both conservatives and progressives should be able to get something from that. Cheers.

0 ( +0 / -0 )

China went through a stage of cleanizing their banknotes... I guess a different form of Money Laundering...

2 ( +2 / -0 )

Cash is King. However various e-monies are prone to being nicked by unscrupulous techies - so as they say, don't put all your eggs in one basket.

0 ( +0 / -0 )

I have means to burn plenty of paper money and am happy to provide this service free of charge if it will help us get rid of this mess.

-1 ( +0 / -1 )

I am an old man in his twilight years with little time left on this mortal coil. I will accept the risk for everyone who sends me their filth laden paper money. I shall try to brighten my remaining years with a celebration of wine, women, and song. My motto is "Maius sacrifico."

1 ( +1 / -0 )

It used to be worth something when based on the Gold Standard. Now it's just based on

0 ( +0 / -0 )

Crypto was born from the Lehman collapse. It is the future, borderless and outside government fixing. Watch.

-1 ( +0 / -1 )

Bitcoin

-1 ( +0 / -1 )

Zichi

American banknotes have a variety of illegal drugs on them.

Lol, maybe only like 3, max.

0 ( +0 / -0 )

Interesting how this pandemic (which I believe is real and requires strong measures to flatten the curve) will allow governments to enact many policies straight out of 1984 or Brave New World:

-Cashless societies

-Curfews and quarantines

-Tracking by smartphone, which must be kept on. Also, mandatory ownership and use of smartphone

-Mandatory use of government apps for basic services

-UBI

-Rewards for reporting bad behavior

-Government rationing

-Fines and arrests for spreading non-approved information

-Propaganda campaigns

In other words, daily life in communist china. That explains why they started this pandemic.

-1 ( +1 / -2 )

Interesting how this pandemic (which I believe is real and requires strong measures to flatten the curve) will allow governments to enact many policies straight out of 1984 or Brave New World:

-Cashless societies

-Curfews and quarantines

-Tracking by smartphone, which must be kept on. Also, mandatory ownership and use of smartphone

-Mandatory use of government apps for basic services

-UBI

-Rewards for reporting bad behavior

-Government rationing

-Fines and arrests for spreading non-approved information

-Propaganda campaigns

And more. Will the genie go back in the bottle after this is over?

1 ( +1 / -0 )

Fear mongering continues...

3 ( +3 / -0 )

Crypto currency is a perfect solution from touching anything. A simple scan of a QR Code would transfer digital money instantly!

3 ( +3 / -0 )

Maybe a govt credit card should be issued since shops can refuse to take credit cards. Legal tender card. Cant say no then.

0 ( +1 / -1 )

I don’t touch my PASMO onto the surface. Works fine hovering over it.

1 ( +2 / -1 )

Sadly, stores in the US will end up suffering the same fate as stores in New York and California when they try to tell people they don't accept cash. Many stores were sued and it was deemed that they had to accept cash as it is the government form of payment. By refusing cash it is saying you don't accept US patronage.

2 ( +4 / -2 )

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